Common use of Travel Warning Clause in Contracts

Travel Warning. Your travel to a country or specific area or event to which a government agency in the country of residence (the location of the registered office of the company where the traveling person is employed) or the World Health Organisation has advised the public not to travel, or which are officially under embargo by the United Nations. If you travel to a country under embargo or where a government agency has issued a travel warning at the time of the beginning of the journey, the insurer will make no payment of any expenses and will only assist with arrangements if another form of payment is made for the services. However, insurance cover is provided and service is offered if an event that led to a travel warning occurs unexpectedly after the start of the trip. The insurance cover expires at the end of the seventh day after the travel warning was issued. Exercising rights / beneficiaries The insurance policy has been concluded in favour of the insured person. In the case of a claim, rights may be exercised by the insured person, and by his heirs in the case of death. The individual insured persons are entitled to receive benefits. In the case of death, the death benefit goes to the estate of the deceased. Claims by the insured person or his heir on the occasion of a claim are asserted by the same immediately and directly to the insurer without the consent of the policyholder. The insurer hereby waives the option granted to him under sec. 35 VVG (German Insurance Act) to offset claims by the insured person from the insurance contract against due premium receivables and/or other claims to which he is entitled from the insurance contract. Limitation of insurance benefits (cumulative) The maximum benefit offered by us for all Accounts, Virtual Cards and Corporate Cards as a result of a damage event is € 100,000,000.00. If this amount is exceeded, the insurance benefits of all insured persons who are involved in the accident will be reduced by the corresponding amount. Changes to the contract In the event AirPlus and insurer agree to changes to the contract, these shall apply as of the effective date for already issued and newly added Accounts, Virtual Cards and Corporate Cards that offer insurance cover under this contract. Secondary liability Compensation benefits are always paid out of the contract that is most advantageous for the claimant.

Appears in 2 contracts

Samples: www.airplus.com, www.airplus.com

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Travel Warning. Your travel to a country or specific area or event to which a government agency in the country of residence (the location of the registered office of the company where the traveling person is employed) or the World Health Organisation has advised the public not to travel, or which are officially under embargo by the United Nations. If you travel to a country under embargo or where a government agency has issued a travel warning at the time of the beginning of the journey, the insurer will make no payment of any expenses and will only assist with arrangements if another form of payment is made for the services. However, insurance cover is provided and service is offered if an event that led to a travel warning occurs unexpectedly after the start of the trip. The insurance cover expires at the end of the seventh day after the travel warning was issued. issued Exercising rights / beneficiaries The insurance policy has been concluded in favour of the insured person. In the case of a claim, rights may be exercised by the insured person, and by his heirs in the case of death. The individual insured persons are entitled to receive benefits. In the case of death, the death benefit goes to the estate of the deceased. Claims by the insured person or his heir on the occasion of a claim are asserted by the same immediately and directly to the insurer without the consent of the policyholder. The insurer hereby waives the option granted to him under sec. 35 VVG (German Insurance Act) to offset claims by the insured person from the insurance contract against due premium receivables and/or other claims to which he is entitled from the insurance contract. Limitation of insurance benefits (cumulative) The maximum benefit offered by us for all Accounts, Accounts or Virtual Cards and Corporate Cards as a result of a damage event is EUR 100,000,000.00. If this amount is exceeded, the insurance benefits of all insured persons who are involved in the accident will be reduced by the corresponding amount. Changes to the contract In the event AirPlus and insurer agree to changes to the contract, these shall apply as of the effective date for already issued and newly added Accounts, Accounts or Virtual Cards and Corporate Cards that offer insurance cover under this contract. Secondary liability Compensation benefits are always paid out of the contract that is most advantageous for the claimant.

Appears in 1 contract

Samples: www.airplus.com

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Travel Warning. Your travel to a country or specific area or event to which a government agency in the country of residence (the location of the registered office of the company where the traveling person is employed) or the World Health Organisation has advised the public not to travel, or which are officially under embargo by the United Nations. If you travel to a country under embargo or where a government agency has issued a travel warning at the time of the beginning of the journey, the insurer will make no payment of any expenses and will only assist with arrangements if another form of payment is made for the services. However, insurance cover is provided and service is offered if an event that led to a travel warning occurs unexpectedly after the start of the trip. The insurance cover expires at the end of the seventh day after the travel warning was issued. Exercising rights / beneficiaries The insurance policy has been concluded in favour of the insured person. In the case of a claim, rights may be exercised by the insured person, and by his heirs in the case of death. The individual insured persons are entitled to receive benefits. In the case of death, the death benefit goes to the estate of the deceased. Claims by the insured person or his heir on the occasion of a claim are asserted by the same immediately and directly to the insurer without the consent of the policyholder. The insurer hereby waives the option granted to him under sec. 35 VVG (German Insurance Act) to offset claims by the insured person from the insurance contract against due premium receivables and/or other claims to which he is entitled from the insurance contract. Limitation of insurance benefits (cumulative) The maximum benefit offered by us for all Accounts, Virtual Cards and Corporate Cards as a result of a damage event is CHF 100,000,000.00. If this amount is exceeded, the insurance benefits of all insured persons who are involved in the accident will be reduced by the corresponding amount. Changes to the contract In the event AirPlus and insurer agree to changes to the contract, these shall apply as of the effective date for already issued and newly added Accounts, Virtual Cards and Corporate Cards that offer insurance cover under this contract. Secondary liability Compensation benefits are always paid out of the contract that is most advantageous for the claimant.

Appears in 1 contract

Samples: www.airplus.com

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